Bitcoin wealth management firm Empery Digital has successfully raised $25 million through the sale of 4,638,219 shares of common stock at $5.39 per share. The company also issued 4,638,219 warrants, each allowing the purchase of one share of common stock over a four-year term. The funds will be used to repay a repurchase loan.
In addition to the share sale, Empery Digital reported the sale of 63 bitcoins last week at an average price of $72,791, bringing its total bitcoin holdings to approximately 3,439. This strategic move is part of the firm's ongoing financial management efforts.
Empery Digital Raises $25 Million Through Share Sale
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